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Slowed Snapchat parent earnings send shares off a cliff
Slowed Snapchat parent earnings send shares off a cliff
by  AFP

Shares in Snapchat's parent company plunged more than 26 percent on Thursday on a quarterly earnings report that showed revenue was slowing as online advertisers tighten budgets. Snap shares were down some 26 percent to $7.97 in after-market trades.

Facebook adds way to remove misinformation from groups
Facebook adds way to remove misinformation from groups
by  AFP

Facebook on Thursday added a method for people running groups to automatically sift out claims that have been debunked since being posted. The tool allows those running groups to automatically relegate into quarantine new posts tagged as containing false information, as well as previously posted claims that were subsequently proven untrue, according to Facebook.

Thai regulators approve controversial telecom merger
Thai regulators approve controversial telecom merger
by  AFP

Thailand's telecom regulator on Thursday approved the merger of Telenor's Thai arm and a local rival that would create the kingdom's biggest mobile services provider, despite concerns about competition and consumer harm.

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